Tech News Digest
Coldcard Hardware Wallet Vulnerability Drains $130 Million in Crypto
A security flaw in Coldcard hardware wallets has been exploited by hackers to steal over $130 million in cryptocurrency, according to blockchain monitoring firms. The vulnerability allows attackers to drain funds from wallets that may have been compromised during the initial setup process. Read more: Hackers steal over $130 million by exploiting bug in offline hardware wallets
EA Completes $55 Billion Privatization Deal Led by Saudi Arabia
Electronic Arts has officially become a privately held company following the closure of a $55 billion takeover led by Saudi Arabia's Public Investment Fund, with the deal including $20 billion in debt financing—the largest leveraged buyout in history. Read more: EA is now a private company
Telegram CEO Claims Extortionist Planted CSAM to Target App Store
Telegram CEO Pavel Durov alleges that an extortionist planted child sexual abuse material in a public chat to trigger the app's removal from Apple's App Store, raising concerns about platform security vulnerabilities. Read more: Telegram CEO says an extortionist planted CSAM in a chat to get it pulled from the App Store
Apple Sues OpenAI and Former Employees Over Trade Secret Claims
Apple has filed a lawsuit against OpenAI and two former Apple employees alleging trade secret theft, prompting OpenAI to publicly respond that Apple is 'getting this wrong' in its legal pursuit. Read more: OpenAI says Apple 'is getting this wrong' after trade secret lawsuit
US Army Prepares to Deploy First Directed Energy Weapon System
The Pentagon is set to sign a landmark contract for "Enduring High Energy Lasers," marking the first time directed energy weapons will become an official part of the US Army's equipment roster, driven by the escalating threat from drones. Read more: Landmark Deal Would Officially Add Laser Weapons to US Army Arsenal
Texas Pauses New Data Center Approvals Amid Power Grid Strain
Texas has temporarily halted new data center connections to the power grid as overwhelming demand—driven largely by AI infrastructure buildout—strains the state's electricity capacity. Read more: Texas halts new data centers as governor calls for audits